OPEN-SOURCE SCRIPT
LCCM & C7
Lục Chỉ Cầm Ma (LCCM)
This indicator replicates the Lục Chỉ Cầm Ma (LCCM) trading method developed by Khac Quy.
Lục Chỉ Cầm Ma (LCCM) is a rule-based breakout and trend-following trading method, originally designed for Gold (XAUUSD) and optimized for M15 and M30 timeframes.
The method focuses on key support and resistance levels (barriers), candle strength analysis, and MA20 for trade management.
🔹 Core Trading Logic
Buy Signal:
A buy setup is considered when a candle closes above a resistance barrier, indicating a valid breakout.
Sell Signal:
A sell setup is considered when a candle closes below a support barrier, indicating a downside breakout.
🔹 C7 Candle Pattern
🔸 C7CB (Basic 3-Candle Pattern)
C7CB consists of three consecutive candles with decreasing body size.
The body of candle 1 is larger than candle 2, and candle 2 is larger than candle 3.
This pattern indicates that trend momentum is weakening and buyers/sellers are losing control.
Usage:
Exit or partially close positions.
Alternatively, move stop loss to breakeven to protect profits.
🔸 C7CC (Extended 5-Candle Pattern)
C7CC is a five-candle consolidation pattern, consisting of:
One mother candle (largest range),
Followed by four inside candles with smaller ranges.
The final candle that breaks out of this structure is used to confirm trend continuation or reversal, depending on direction.
Usage:
If a strong reversal candle appears after C7CC, close existing positions.
If breakout aligns with the trend, traders may continue holding or add positions cautiously.
You can refer to other C7 patterns in the LCCM documentation by the author Khac Quy.
This indicator replicates the Lục Chỉ Cầm Ma (LCCM) trading method developed by Khac Quy.
Lục Chỉ Cầm Ma (LCCM) is a rule-based breakout and trend-following trading method, originally designed for Gold (XAUUSD) and optimized for M15 and M30 timeframes.
The method focuses on key support and resistance levels (barriers), candle strength analysis, and MA20 for trade management.
🔹 Core Trading Logic
Buy Signal:
A buy setup is considered when a candle closes above a resistance barrier, indicating a valid breakout.
Sell Signal:
A sell setup is considered when a candle closes below a support barrier, indicating a downside breakout.
🔹 C7 Candle Pattern
🔸 C7CB (Basic 3-Candle Pattern)
C7CB consists of three consecutive candles with decreasing body size.
The body of candle 1 is larger than candle 2, and candle 2 is larger than candle 3.
This pattern indicates that trend momentum is weakening and buyers/sellers are losing control.
Usage:
Exit or partially close positions.
Alternatively, move stop loss to breakeven to protect profits.
🔸 C7CC (Extended 5-Candle Pattern)
C7CC is a five-candle consolidation pattern, consisting of:
One mother candle (largest range),
Followed by four inside candles with smaller ranges.
The final candle that breaks out of this structure is used to confirm trend continuation or reversal, depending on direction.
Usage:
If a strong reversal candle appears after C7CC, close existing positions.
If breakout aligns with the trend, traders may continue holding or add positions cautiously.
You can refer to other C7 patterns in the LCCM documentation by the author Khac Quy.
开源脚本
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。